The Central Board of Direct Taxes (CBDT) clarified on Monday that the Income Tax Department is not carrying out any special drive to re-open cases on issues pertaining to HRA claims as has been reported in some sections of the media, triggering a scare among the taxpayers.
The account has an amount of Rs 4.80 crore at present. Rs one crore was withdrawn from the account this month.
“Till the matter is heard, we will not take recovery/coercive steps as elections are going on,” Solicitor General Tushar Mehta assured a bench of Justices B V Nagarathna and Augustine George Masih.
But the I-T could not recover any cash or jewellery so far from the residence of Swarup Biswas, whose wife is a Trinamul Congress councillor and a borough chairman of Kolkata’s civic body.
The Directorate of Income Tax has made several arrangements to keep a vigil on the movement of unaccounted cash, bullion & other valuables, likely/suspected to be used for electoral purposes, during the Model Code of Conduct within the NCT of Delhi.
Around 24 premises belonging to six groups and real estate business houses were raided, sources said.
Evidence detected during the search revealed that the group was engaged in the fraudulent practice of booking bogus purchases of scrap and sponge iron from various 'fake invoice issuers'.
The residences of Editor in Chief, Brijesh Mishra and state head, Virendra Singh, have also reportedly been raided. The shared update indicates that raids have been conducted at the houses of Bharat Samachar employees also.
The e-filing portal is used by the taxpayers to file their individual or business category income tax returns (ITRs) and also to raise complaints seeking refunds and other works with the tax department.
It was introduced by the Union government in 2017 as a measure to curb black money.
